25th Jun 2015 09:12
LONDON (Alliance News) - CPPGroup PLC Thursday said that Chief Financial Officer Craig Parsons is stepping down.
"With the recent work to strengthen the group's financial position now completed, I feel that it is the right time for me to explore new challenges," Parsons said in a statement.
CPP said its search for a successor is at an "advanced" stage, with Parsons to remain in position until the group reports first-half results in August.
The company's shares were down 1.5% at 6.80 pence on Thursday morning.
By Samuel Agini; [email protected]; @samuelagini
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